We've all experienced the fustration of trying to buy tickets to a gig and just missing out, with your only remaining option being paying double the price via a resale site. Well, thanks to the latest announcement from Ticketmaster, it looks like music fans won't have to worry about this for much longer.

Ticketmaster has announced today (August 13) that it is to shut down its two resale sites, GetMeIn and Seatwave, following persistent criticsm of "secondary ticketing" platforms used by touts. The ticketing company owned by the global promoter and venue operator Live Nation, said it would replace the websites with a fan-to-fan exchange selling tickets at face value or below.

The move now leaves Viagog and StubHub as the last two major resale platforms.

While many of the people using resale sites are ginuine fans who cannot attend an event and want to recoup their money, the practice in recent years has been abused by a relatively small group of "armchair touts" (those who harvest hundreds of tickets before ginuine fans can get hold of them).

Hopefully, with the closure and rebrand of sites like GetMeIn and Seatwave, ginuine fans will now have a better chance of seeing their favourite artists perform live at face value.